Charlotte Hornets get cash to take on Chris Anderson's contract from Cleveland

In 2013, Chris Andersen's arrival helped give LeBron James and the Miami Heat a jolt, lifting LBJ to his second National Basketball Association championship in an epic seven-game series against San Antonio.

In the end, Chris Andersen served a big objective for the Cavaliers.

The Cavaliers have traded Chris Andersen (knee) to the Hornets in exchange for cash and a second-round pick. According to ESPN's Dave McMenamin, the pick is top-55 protected, so it will likely land near the bottom of the second round.

Instead, the idea behind this trade was to create some tax relief and an open roster spot, and fill it either via trade or free agency.

Amico says the Cavs "plan to aggressively explore more trades as the league's February 23 deadline nears, the source told Amico Hoops". As recently as this Saturday, Andersen was still attending Cavs home games and working out under supervision of the team's training staff.

In a subsequent move, the Hornets immediately announced they waived Andersen.

Andersen, 38, suffered a season-ending injury in December, when he tore his right ACL.

  • Julie Sanders